THE COTTAGE, KERLEY HILL, CHACEWATER, TRURO, TR4 8JP - £270,000

THE COTTAGE is a small extended detached house of 115m², built sometime before 1900. It was last sold for £270,000 in April 2019, which was around 19% below the average April 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was G, and the potential energy rating was A.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two THE COTTAGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 18 APR	£270,000	£331,321	19% below HPI
2001 11 APR	£68,000	£125,516	46% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two THE COTTAGE sales from April 2001 and April 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 115m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Chacewater, based on EPC data. The below chart shows the distribution of detached houses by size in Chacewater, and where THE COTTAGE lies on this distribution: 38% of detached houses are smaller than THE COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Chacewater.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of THE COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE COTTAGE?

THE COTTAGE is located on KERLEY HILL in CHACEWATER, in the TR4 postcode district. The below map shows the position of THE COTTAGE on KERLEY HILL.